Altria stock price the stock’s dividend-focused appeal

The stock’s dividend-focused appeal means Altria stock price often finds support during market pullbacks. At 8.44% yield, it stands among the top payers in the S&P Now the most important inputs to a discounted cash flow are the discount rate, and of course, the actual cash flows. If you don't agree with these result, have a go at the calculation yourself and play with the assumptions. The DCF also does not consider the possible cyclicality of an industry, or a company's future capital requirements, so it does not give a full picture of a company's potential performance. Given that we are looking at Altria Group as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which accounts for debt. In this calculation we've used 7.8%, which is based on a levered beta of 1.016. Beta is a measure of a stock's volatility, compared to the market as a whole. We get our beta from the industry average beta of globally comparable companies, with an imposed limit between 0.8 and 2.0, which is a reasonable range for a stable business. If you want to make $100 per month — $1,200 annually — from Altria Group dividends, your investment value needs to be approximately $18,721, which is around 283 shares at $66.19 each. The mild uptick in Altria stock price aligns with a broader uptick in staple sector ETFs, suggesting passive inflows are providing tailwinds.